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Additional quantity of 2051 MT of raw sugar, for export to USA notified

May 6, 2022 489 Views 0 comment Print

Additional quantity of 2051 MT of raw sugar, for export to USA, under TRQ, upto 30.09.2022, has been notified. Public Notice No.07/2015-2020 | Dated: 6th May, 2022

IBBI amends IBBI (Liquidation Process) Regulations, 2016

May 6, 2022 756 Views 0 comment Print

Insolvency and Bankruptcy Board of India (Board) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2022 (Amendment Regulations 2022) on 28th April, 2022.

Proposals for Exemption / Extension of Exemption from EDLI Scheme, 1976

May 6, 2022 3963 Views 0 comment Print

It has been observed that various proposals regarding grant of exemption/ extension of Exemption from EDLI Scheme – 1976 have been forwarded by field offices to Head Office for approval of CPFC.

Notice For Appointment of One Trustee on NPS Trust Board

May 6, 2022 1371 Views 0 comment Print

The Authority presently is desirous of appointing one Trustee on the Board of Trustees who shall be a citizen of India and satisfying the eligibility conditions as stipulated under Regulation 5 of the aforementioned regulations as also the Guidelines for Appointment of Trustees dated 12.01.2018 issued by the Authority

IBBI cancels registration of IP for contravention of provisions

May 6, 2022 675 Views 0 comment Print

In the matter of Mr. Chakravarthi Srinivasan, Insolvency Professional (IP) under Section 220 of the Insolvency and Bankruptcy Code, 2016 read with Regulation 11 of the Insolvency and Bankruptcy Board of India (Insolvency Professional) Regulations, 2016 and Regulation 13 of the IBBI (Inspection and Investigation) Regulations, 2017.

IBBI suspends registration of IP for failure to take custody of entire records of CD

May 6, 2022 618 Views 0 comment Print

Mr. Gupta has failed to take custody of the entire records of the CD. One of the objectives of filing application under section 19 is to get orders of AA so as to compel the CD to cooperate. Filing of application after finalisation of resolution plan defeats the very purpose of filing of the application […]

IBBI withdraws circular related to IBC Liquidation Process Regulations

May 6, 2022 405 Views 0 comment Print

Withdrawal of Circular dated 26th August, 2019 regarding applicability of the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019 notified on 25th July, 2019.

Extension of validity of Udyog Aadhaar

May 6, 2022 4638 Views 0 comment Print

The Ministry of MSME had replaced the erstwhile Udyog Aadhaar Registration for MSME with Udyam Registration vide its Notification No. S.O. 2119(E) dated 26th June, 2020. Consequently, the existing MSME registered enterprises were required to migrate from Udyog to Udyam from 1st July, 2020 onwards. However, the existing enterprises registered prior to 30th June, 2020 […]

IBBI invites comments on Regulations notified under IBC, 2016

May 6, 2022 1698 Views 1 comment Print

Insolvency and Bankruptcy Board of India (IBBI) invites comments from public on the Regulations notified under the Insolvency and Bankruptcy Code, 2016 (IBC, 2016).

CBIC Notifies Rate of Exchange of Foreign Currencies wef 06.05.2022

May 5, 2022 2154 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 6th May, 2022 vide Exchange rates Notification No. 40/2022-Customs (N.T.) dated 5th May, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 40/2022 – Customs (N.T.) New Delhi, dated the […]

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